XML 54 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings (Loss) Per Share [Abstract]  
Reconciliation of the Numerator and Denominator of Basic and Diluted Earnings (Loss) Per Share
The following is a reconciliation of the numerator and denominator of basic and diluted earnings (loss) per share for the years ended December 31, 2017, 2016, and 2015:

(In thousands except per share data)
 
Year Ended December 31,
 
Numerator:
 
2017
 
 
2016
 
 
2015
 
Income from continuing operations attributable to Tivity Health, Inc. - numerator for earnings per share
 
$
61,230
 
 
$
56,091
 
 
$
43,634
 
Net income (loss) from discontinued operations attributable to Tivity Health, Inc. - numerator for earnings (loss) per share
  
2,485
   
(185,202
)
  
(74,581
)
Net income (loss) attributable to Tivity Health, Inc. - numerator for earnings (loss) per share
 
$
63,715
   
$
(129,111
 
)
  
$
(30,947
 
)
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
Shares used for basic income (loss) per share
 
 
39,357
 
 
 
36,999
 
 
 
35,832
 
Effect of dilutive stock options and restricted stock units outstanding:
 
 
 
 
 
 
 
 
 
 
 
 
Non-qualified stock options
 
 
436
 
 
 
344
 
 
 
568
 
Restricted stock units
 
 
549
 
 
 
538
 
 
 
364
 
Performance stock units
  
 
 
 
   
25
 
Warrants related to Cash Convertible Notes
  
1,709
         
Market stock units
  
496
   
194
   
10
 
CareFirst Warrants
 
 
 
 
 
 
 
 
55
 
Shares used for diluted income (loss) per share
 
 
42,547
 
 
 
38,075
 
 
 
36,854
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings (loss) per share attributable to Tivity Health, Inc. - basic:
 
 
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.56
 
 
$
1.52
 
 
$
1.22
 
Discontinued operations
 
$
0.06
 
 
$
(5.01
)
 
$
(2.08
Net income (loss)
 
$
1.62
 
 
$
(3.49
)
 
$
(0.86
             
Earnings (loss) per share attributable to Tivity Health, Inc. - diluted:
 
 
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.44
 
 
$
1.47
 
 
$
1.18
 
Discontinued operations
 
$
0.06
 
 
$
(4.86
)
 
$
(2.02
)
Net earnings (loss)
 
$
1.50
 
 
$
(3.39
)
 
$
(0.84
 
 
 
 
 
 
 
 
 
 
 
 
 
Dilutive securities outstanding not included in the computation of earnings (loss) per share because their effect is anti-dilutive:
 
 
 
 
 
 
 
 
 
 
 
 
Non-qualified stock options
 
 
4
 
 
 
708
 
 
 
903
 
Restricted stock units
 
 
12
 
 
 
333
 
 
 
220
 
Warrants related to Cash Convertible Notes
 
 
 
 
 
7,707
 
 
 
7,707
 
CareFirst Convertible Note
 
 
 
 
 
 
 
 
892
 
CareFirst Warrants
 
 
 
 
 
 
 
 
263